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Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Piedmont Avenue
MLS Listing ID 40955921
Sold Date 12/28/21
HOA Y/N No
Year Built 1912
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Marketing package copy/paste: https://bit.ly/kitehillre. Ideally situated in Piedmont’s thriving rental market, this 4-plex presents a unique opportunity for the live-in investor. An excellent mix of units, including two 1/1s, one 2/1.5, and a studio, the corner property has a 1-bedroom--perfect for the owner-occupant. This unit highlights the best vintage details of the building, featuring a beautiful brick fireplace with built-in shelving, hardwood flooring, fresh paint, and lots of windows with plenty of natural light. Located on a beautiful tree-lined street in a quiet neighborhood, the building is walking distance to restaurants and shopping on Piedmont Ave., MacArthur BART, Temescal, and stunning Lake Merritt. Tenants enjoy new landscaping, shared coin-op laundry, storage, and off-street parking. The backyard provides space for summer BBQs, and two garages offer additional monthly income. Est $7,773/month income including storage income + coin laundry.
Location
State CA
County Alameda
Zoning RM-3
Interior
Heating Wall Furnace
Flooring Carpet, Wood
Fireplace No
Exterior
Garage Garage, On Street
Roof Type Shingle
Parking Type Garage, On Street
Building
Lot Description Corner Lot, Front Yard
Sewer Public Sewer
Others
Tax ID 1293821
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Bought with Aman Giri • Kite Hill Real Estate